As part of its societal role.. Talaat Moustafa Group offers training opportunities for students of Metwally El Shaarawy School in Rehab and Madinaty
CAIRO - 30 June 2022: Talaat Moustafa Group provided practical training for students of Mohamed Metwally Al-Shaarawy School of Applied Technology, through Al-Rehab and Madinaty projects. Training includes practicing various technical maintenance operations, such as maintenance of air conditioners, carpentry, plumbing, electrical and finishing works. At this point, Talaat Mostafa Group is the main industrial partner of the Metwally Al Shaarawy School, where the Group contributes to providing technical support at all levels to students. The Group provides the school with experts specialized in the field of architectural finishes to provide students with the necessary and essential experiences. Talaat Moustafa Group's support for the Metwally Al Shaarawy School of Applied Technology is part of its broad societal contributions.
Source:Egypt Today
July 01, 2022 09:05 UTC
First Lady greets Egyptian People on June 30 Revolution Anniversary
CAIRO – 30 June 2022: Egyptian First Lady Entisar El-Sisi greeted the Egyptian people on the ninth anniversary of the June 30 Revolution that was staged by millions of people against the one-year ruling of the banned Muslim Brotherhood in 2013. The First Lady wished all the Egyptian people peace, safety and security. “On this anniversary of the June 30 Revolution, the Egyptian people still face challenges in all fields to create hope and a safe future for themselves and the coming generations. I wish Egypt and the Egyptians all the peace, safety and security,” she added. President Abdel Fattah El-Sisi said in a speech he gave on the occasion of the ninth anniversary of the revolution that he is fully confident that Egypt will overcome the impact of the current international crises.
Source:Egypt Today
June 30, 2022 17:53 UTC
Algerian PM welcomes Madbouli
ALGIERS, June 29 (MENA) – Algerian Prime Minister Aimene Benabderrahmane welcomed Egyptian Prime Minister Moustafa Madbouli’s current visit to Algeria, stressing keenness on furthering bilateral cooperation in various domains. Madbouli arrived in Algeria Wednesday evening on a two-day working visit during which meetings of the higher Egyptian-Algerian committee will take place. Benabderrahmane welcomed Madbouli upon arrival at the airport in the presence of members of the governments of both countries. During the two-day visit, several cooperation agreements and memorandums of understanding will be signed to promote bilateral cooperation. On Thursday, Madbouli and Benabderrahmane will open the Egyptian-Algerian business forum to explore available investment opportunities in the two countries.
Source:Egypt Independent
June 30, 2022 15:34 UTC
Judge accused of murdering his wife has been detained
Fifteen security missions from the Public Security Sector, the Giza Security Directorate, and some other security directorates participated in the pursuit of the fugitive judge, sources told Al-Masry Al-Youm. The sources added that the accused judge did not use any of the ports to escape outside the country. Then, on June 26, a person came forward before the Public Prosecution and confirmed his close relation with the victim’s husband. The Public Prosecution obtained permission from that judicial authorities to lift his immunity and to take legal measures against him. Accordingly the Public Prosecution ordered his arrest and traced his itinerary on the day Gamal disappeared.
Source:Egypt Independent
June 30, 2022 11:37 UTC
Matruh glass walkway frequented by millions of visitors annually
The glass walkway in front of the famous Queen Cleopatra bath in the west of Matruh city is frequented by more than three million visitors during the summer. The Cleopatra Bath, one of the most important tourist attractions in Marsa Matruh, is a huge rock in which sea water passes through carved tunnels, then pours into the sea again. The rock is large and the water enters the rock and flows from its openings in a wonderful form. In the roof of the rock are openings that allow sunlight to enter, which heats the water inside the rock. Visitors frequent the famous bath through the Pharaonic gate located at the beginning of the beach and is adorned with a statue of Queen Cleopatra.
Source:Egypt Independent
June 29, 2022 20:38 UTC
World Bank approves $500 million in development financing to Egypt
The World Bank has approved US$500 million in development financing to enhance Egypt’s efforts to achieve food security, and strengthen the economy’s resilience against current global crises. According to the Ministry of International Cooperation in Egypt, the emergency response project between Egypt and the World Bank Group is scheduled to contribute to supporting food security and resilience efforts, alleviating the impact of the Russian-Ukrainian war on food security. This is especially vital as Russia and Ukraine are among the largest wheat exporters in the world. Egypt has begun implementing a plan to expand wheat storage silos that rely on the latest technologies to preserve wheat. The package will enable the government to move forward with its plan to increase wheat storage capacities in preparation for future shocks.
Source:Egypt Independent
June 29, 2022 14:17 UTC
Egypt begins removal of Greater Cairo's iconic floating houses
CAIRO – 29 June 2022: The Ministry of Irrigation and Water Resources removed on Monday and Tuesday 15 floating houses that were located on the Nile River at Agouza and Kitkat, and four others will be dismantled on July 4. Head of the Central Department for Nile River Protection at Greater Cairo Ayman Anwar told press Saturday that a decree has been issued to ban floating houses for they constitute a source of pollution, only allowing floating restaurants and clubs. That is why the annual licenses of those units, whose total number is 32, did not get renewed this year, and residents were given a notice to evacuate. The official further pointed out that floating houses have been there for over 60 years, which means that their lifespan ended years ago. The official's statements were a comment on voices opposing the move, as floating houses have always been a distinct feature of Greater Cairo with their unique designs, and used to belong to the elite since the country was a monarchy.
Source:Egypt Today
June 29, 2022 14:09 UTC
Egypt, Angola boost economic cooperation
Angola’s secretary of State for International Cooperation and Communities, Domingos Custódio Vieira Lopes, said that the Angolan government plans to boost cooperation with Egypt in the commercial and industrial fields. Domingos Lopes encouraged Egyptian businesspeople and investors to look at the investment opportunities that Angola offers, so that the two countries become increasingly closer, on the road to prosperity. Angola’s ambassador to Egypt, Nelson Manuel Cosme, reaffirmed that the country would remain open to foreign investment initiatives. Also in this area, Angola is an oil and gas-producing country and is currently seeking to strengthen international partnerships. “Angola is seeking international partnerships to address the need for economic and social stability.
Source:Daily News Egypt
June 29, 2022 12:29 UTC
Ebtikar for Investment Finance postpones IPO due to market conditions
Ebtikar for Investment Finance decided to postpone its planned IPO until market conditions improve, sources close to the matter revealed to Daily News Egypt. The IPO was expected to take place during the first half (1H) of this year. The sources added that the unfavourable market conditions are the main reason for the postponement of the offering process, especially in light of the decline in liquidity levels and foreign sales. They also said that the company would monitor market conditions and resume the offering plan again as soon as the conditions of the Egyptian Exchange (EGX) improve. Last year, the two companies signed a memorandum of understanding requiring Vodafone Egypt to acquire a 20% stake.
Source:Daily News Egypt
June 29, 2022 12:07 UTC
Egyptian president meets with Bahraini Crown Prince in Manama
President Abdel Fatah al-Sisi and Bahraini Crown Prince and Prime Minister Salman Bin Hamad Al Khalifa in Manama on June 29, 2022. Press PhotoCAIRO – 29 June 2022: President Abdel Fatah al-Sisi met Wednesday with Bahraini Crown Prince and Prime Minister Salman Bin Hamad Al Khalifa in Manama ahead of his meeting with King Hamad Bin Eissa Al Khalifa. The press photo released by the Egyptian Presidency showed a portrait of President Sisi hanging on the wall behind him and the crown prince. Coming from Oman, the president had been received Tuesday evening by Bahraini King Hamad bin Eissa Al Khalifa at the Bahrain International Airport. On his side, the president lauded the level of Egyptian-Omani coordination and similarity in visions on issues of mutual interest.
Source:Egypt Today
June 29, 2022 11:20 UTC
Armed Forces greet Sisi on June 30 Revolution
CAIRO - 28 June 2022: Minister of Defense and Military Production Mohamad Zaki sent on Tuesday a cable of congratulations to President Abdel Fattah El Sisi, the Supreme Commander of the Armed Forces, on the occasion of the June 30 Revolution. In the cable, the defense minister said the army stood by the will of the Egyptian people to rebuild the future of the country and restore its pride. Army Chief of Staff Osama Askar sent a cable to the president on the same occasion. Prime Minister Mostafa Madbouli also greeted President Abdel Fattah, the government members and the Egyptian people on the ninth anniversary of the June 30 Revolution, which, he said, will remain a milestone in Egypt's history.
Source:Egypt Today
June 29, 2022 05:30 UTC
Egypt and Japan discuss prospects for joint agricultural cooperation
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Source:Egypt Independent
June 29, 2022 01:38 UTC
Egypt, Oman sign 2 agreements, 6 MoU in several fields
CAIRO - 28 June 2022: Egypt and the Sultanate of Oman signed two agreements, six memoranda of understanding, three executive programs and letters of cooperation in the areas of promoting competition, combating monopolistic practices, investment promotion, export development, establishing and managing industrial zones and protecting the environment. The agreements were signed in Muscat, in addition to an initialing of the mutual recognition of the marine qualification certificates for navigators and the work of the Nuba issued by the two countries. The governments of the two countries also signed a cooperation agreement with initials in the field of maritime transport and ports, and a cooperation agreement between Sultan Qaboos University and the Egyptian National Institute for Astronomical and Geophysical Research. President Abdel Fatah El-Sisi Sisi will meet with a number of Omani businessmen on Tuesday with the aim of promoting the development of trade and investment relations between the two brotherly countries. The signing of the agreements came during the official visit of Egyptian President Sisi to the Sultanate of Oman to consolidate bilateral relations between the two countries, consolidate the well-established brotherly relations between Oman and Egypt, and discuss a number of areas of common interest, in light of regional and international developments.
Source:Egypt Today
June 28, 2022 21:07 UTC
Egypt introduces 1st ever beach for disabled in Alexandria
CAIRO – 28 June 2022: Governor of Alexandria Mohamed al-Sharif stated Tuesday that Mandara Beach has been allocated exclusively to the disabled, noting that its capacity is 1,000 families per day and that entry is free. The governor added that another beach for the disabled is being prepared to be the second of its kind in the country. Helaly noted that the law grants disabled individuals the right to acquire two pensions as well as a tax exemption to parents of disabled children. In a similar context, the Ministry of Health and Population issued a decree earlier in the same month subscribing new social segments to the health insurance system. By adding those 15.5 million citizens, the total number of health insurance beneficiaries rises to 65,930,829, with coverage nationwide becoming 68 percent of the Egyptian population.
Source:Egypt Today
June 28, 2022 14:47 UTC
Egypt’s industrial sector contributes 11.7% of GDP
Minister of Trade and Industry Nevine Gamea stated that industry contributes 11.7% to the country’s GDP and employs about 28.2% of the total Egyptian workforce, and that its investments amounted to approximately EGP 49bn in FY2020/21, representing about 6% of total public investments. She added that the value of industrial production also increased to around EGP 982bn in 2021 and that Egypt enjoys a diversified industrial base that includes about 150 industrial zones distributed across all governorates. Accordingly, the government has provided 43.5m sqm of industrial lands over the past six years. The government has also granted operating licenses to 63,736 establishments and approvals for the establishment of new industrial projects and expansions for 82,152 facilities that provide 4m direct job opportunities. This in addition to reclaiming 4m feddans and the inauguration of development projects such as the Decent Life Presidential Initiative to develop Egypt’s countryside.
Source:Daily News Egypt
June 28, 2022 13:33 UTC